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Information security
fromThe Hacker News
18 hours ago

U.S. Prosecutors Indict Cybersecurity Insiders Accused of BlackCat Ransomware Attacks

Three U.S. nationals allegedly used BlackCat ransomware to hack five U.S. companies between May and November 2023 and extorted cryptocurrency payments.
fromTechCrunch
1 day ago

DOJ accuses US ransomware negotiators of launching their own ransomware attacks | TechCrunch

The three are accused of hacking into companies, stealing their sensitive data, and deploying ransomware developed by the ALPHV/BlackCat group. The ALPHV/BlackCat gang operates as a ransomware-as-a-service model, in which the gang develops the file-encrypting malware used to steal and scramble the victims' data, while its affiliates - such as the three individuals indicted - carry out the hacks and deploy the gang's ransomware. The gang then takes a cut of the profits made from any ransom payments.
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